Monday's bitcoin rally could encourage digital-asset inflows because many investors have been on the sidelines since the sell-off in May.
Ethereum funds saw inflows rise for the third consecutive week.
China’s announcement preceded choppy price moves around $34,000, which left traders with little sense of direction.
Crypto markets rose despite regulatory crackdowns from the U.K. and China. Analysts expect continued resiliency above $30K support.
Net outflows from cryptocurrency funds totaled $44 million for the week ending June 25, marking the fourth consecutive week of redemptions.
Bitcoin’s near 50% decline from all-time highs surprised analysts as China’s crackdown fueled bearish sentiment.
The amount of money leaving was significantly less than the previous, record week of $141 million.
The acquisition bolsters NYDIG's data offerings as it continues to build out an institutional client base.
Several factors could explain ether’s spectacular gains and determine whether they will continue.
Bitcoin’s price volatility spiked in January and could further increase over the near term because “whales” have begun accumulating coins.
The number of bitcoin on-chain deposits has dropped sharply over the last six months, indicating a strong optimistic or “HODLing,” sentiment in the market.
Though the industry is growing rapidly, a very small portion of addresses hold the majority of assets being locked and borrowed in the DeFi space.
A key on-chain metric has witnessed solid growth over the past 12 months, possibly indicating steady accumulation of bitcoins by retail traders.
Bitcoin likely carved out a major price bottom in December, according to a non-price metric, which has proved as a reliable price indicator in the past.
“HODLing” has returned to a major milestone: The total amount of bitcoins that haven’t changed hands in more than a year has crossed the 10 million mark.